Graham Vanbergen – Shadow Banking verses Global Hunger

Fact: Nearly 1/2 of the world’s population — more than 3 billion people — live on less than $2.50 a day. More than 1.3 billion live in extreme poverty — less than $1.25 a day.

VILE – Seven years after the global financial collapse, regulators and investors are still working through an epic pile of lawsuits and other civil actions against Banks, for a long list of wrongdoing where fines so far totals over $200billion – and that is just in the US. Those fines would have kept global poverty at bay for the same seven years.

Fact: One billion children worldwide are living in poverty. According to UNICEF, 22,000 children die each day due directly to poverty, the vast majority are preventable.

VILE – The largest U.S. banks were penalized for their role in inflating a mortgage bubble that helped cause the ‘global’ financial crisis. They have been fined over $110 billion for the one crime of mortgage fraud.

Not a cent of that money has gone to helping those countries that desperately require financial assistance as a result of non-payment of promised aid due to the financial crisis itself. One third of those fines would stop the mortality rate in it’s tracks.